Chevron Treads Softly With Latest Emissions Pledge

摘要

Chevron has become the largest US producer to pledge net-zero carbon emissions from its upstream operations by 2050, and will reduce the emissions intensity of its full value chain through incremental targets. The moves — announced as part of Chevron’s latest climate report — reinforce Energy Intelligence’s long-held view that investor demands for net-zero operational (i.e. Scope 1 and 2) emissions would become the minimum standard for large Western producers, with some deOned strategy for end- use (i.e. Scope 3) emissions also needed.